NAFCU says impact will help some but that most credit unions will still face denying transaction no. 101 or eliminating remittance services altogether.

By Heather Anderson|August 07, 2012 at 10:44 AM|Originally published on Cutimes.Com

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The Consumer Financial Protection Bureau on Tuesday released the final part of its new remittance rule, increasing the maximum number of annual transactions that qualify for safe harbor exemption to 100.